SYSTEM AND METHOD FOR A PRODUCT VENDOR RISK MATRIX
First Claim
1. A system including a processor and memory for computing total cost of ownership comprising a plurality of components in the system to:
- a) compute landed costs of at least one product;
b) compute presales cost of the at least one product;
c) compute a cost of return of the at least one product;
d) compute a supplier cost of defective returns;
e) generate risk levels associated with the at least one product; and
f) compute and output a total cost of ownership based at least in part on steps a-e, so that a change in a supply channel or a product occurs.wherein the each component is embodied as part of a computer platform.
1 Assignment
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Accused Products
Abstract
A total cost of ownership of a product and/or supplier and related supply chain may include a multitude of cost basis that might be quantified and rated with other comparisons. The product risk might include various factors such as quality, safety, guarantee, defect rate, and the like. The supplier risk may include quite a number of risk factors such as location, costs associate with transportation, landing fees, inspection fees, labor costs, inventory costs, and the like. Based on quantified aspects related to a product and its supplier (or supply chain), a total cost of ownership related to such product or supplier can be determined. Moreover, such as capability may be related to overall return on investment.
6 Citations
12 Claims
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1. A system including a processor and memory for computing total cost of ownership comprising a plurality of components in the system to:
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a) compute landed costs of at least one product; b) compute presales cost of the at least one product; c) compute a cost of return of the at least one product; d) compute a supplier cost of defective returns; e) generate risk levels associated with the at least one product; and f) compute and output a total cost of ownership based at least in part on steps a-e, so that a change in a supply channel or a product occurs. wherein the each component is embodied as part of a computer platform.
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2. A computer program product embodied on computer storage medium for computing a total cost of ownership, the computer program product comprising computer instructions that when executed performs the steps of:
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(a) computing a total landing cost for at least one product; (b) computing a presales cost for the at least one product; (c) computing a product life cycle management cost for the at least one product; (d) computing a cost of returns for the at least one product; (e) computing a supplier cost for defective returns for the at least one product; (f) computing a cost associated with quality for the at least one product; and (g) computing total cost of ownership by summing a result from each step (a) through (f), wherein each of the steps (a) through (g) when executed are configured to be performed by a computer. - View Dependent Claims (3, 4, 5, 6, 7, 8, 9, 10)
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11. A computer program product embodied on computer storage medium for computing a total cost of ownership, the computer program product comprising computer instructions that when executed performs the steps of:
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determining a product risk for at least one product; determining a supplier risk associated with the at least one product; and generating an overall risk based on the determined product risk and the determined supplier risk to cause a change in one of the at least one product and the supplier, wherein each of the steps are configured to be executed by a computer. - View Dependent Claims (12)
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Specification